Springdale Borough Non-Uniformed Pension Plan – Allegheny County – Audit Period Ended December 31, 2023

The compliance audit of the Springdale Borough Non-Uniformed Pension Plan was conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act. The audit aimed to ensure that the pension plan is administered in compliance with relevant state laws, regulations, contracts, and local ordinances. The audit focused on several aspects, including the proper determination and timely deposit of state aid, the calculation and deposition of employer and employee contributions, and the accurate determination of retirement benefits. For the period January 1 to December 31, 2023, all areas audited showed the plan was compliant in all significant respects. Borough officials were acknowledged for their cooperation throughout the audit process. The plan is part of the Pennsylvania Municipal Retirement System and follows various state regulations. Overall, the audit found no significant issues and confirmed compliance with all applicable requirements.